Yup. Lots of SPAC mergers recently underperformed on listing due...

Yup. Lots of SPAC mergers recently underperformed on listing due to the overall bear market correction currently ongoing. We had like a whole year of massive overvaluations on some listings…with many newly listed stocks failing to match or deliver anything close to their valuations, which was just simply expected. This has now resulted in an overall bear market correction and investors being cautious about IPOs. Hence, the recent fails of some big IPOs such as Robinhood( $HOOD) which really failed miserably. As a result many SPAC mergers have either been abandoned completely or delayed to a more suitable time in the future when the market is back on a bullish cycle. In the case of Acorns their SPAC listing has not been abandoned, they will list but they are holding off until next year when the market conditions are more favourable. Again this is not official information, just what I heard and just my opinion, could be all hearsay.